Talk:Error account

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GAAP[edit]

This page needs to be kept as it relates to accounting aka GAAP. Eyreland (talk) 23:41, 27 March 2009 (UTC)[reply]

Error accounts relate to two different realms

There is also a cultural and economic component that has to be considered

Max Keiser has implicated the use of error accounts in the late 2000s recession, as an important causal factor
Balance is important, as this account type is accepted under Generally Accepted Accounting Principles

Future editors should flesh out the definition as much as possible. Eyreland (talk) 00:03, 28 March 2009 (UTC)[reply]